tBTC (TBTC) Tokenomics
tBTC (TBTC) Information
What is tBTC? tBTC allows you to unlock your Bitcoin’s value to borrow and lend, mint stablecoins, provide liquidity, and much more.
tBTC is a decentralized wrapped Bitcoin that is 1:1 backed by main-net BTC. Existing solutions bringing Bitcoin to Ethereum require you to send your Bitcoin to an intermediary, who then issues you an Ethereum token representing your original asset.
This centralized model requires you to trust a third party and is prone to censorship, sacrificing Bitcoin's promise of secure, permissionless decentralization.
How does tBTC solve this issue? Instead of centralized intermediaries, tBTC uses a randomly selected group of operators running nodes on the Threshold Network to secure deposited Bitcoin through threshold cryptography.
That means tBTC requires a threshold majority agreement before operators perform any action with your Bitcoin. By rotating the selection of operators weekly, tBTC protects against any individual or group of operators colluding to fraudulently seize the underlying deposits.
By relying on an honest-majority-assumption, we can calculate the likelihood any wallet comprised of a quorum of dishonest operators. An insurance backstop (the coverage pools), serves as an emergency fallback in the event a wallet is compromised.
What is Threshold Network? Threshold.network stems from the merger of NuCypher and Keep networks into a single decentralized network — it delivers a suite of threshold cryptography services for web3 applications through a decentralized network of staking nodes. The whole community is governed by a DAO.
Flagship services of Threshold Network include Threshold Access Control (TACo) – which enables end-to-end encrypted data sharing and communication without the need to trust a centralized authority, tBTC v2 - the only decentralized and permissionless Bitcoin-to-Ethereum asset bridge and thUSD - an overcollateralized and decentralized USD stablecoin that uses both ETH and tBTC as collateral.
tBTC (TBTC) Tokenomics & Price Analysis
Explore key tokenomics and price data for tBTC (TBTC), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
tBTC (TBTC) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of tBTC (TBTC) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of TBTC tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many TBTC tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand TBTC's tokenomics, explore TBTC token's live price!
TBTC Price Prediction
Want to know where TBTC might be heading? Our TBTC price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.